Schmooze Dating App Raises $4 Million
Schmooze Dating App Raises $4 Million
Schmooze Dating App Raises $4 Million
News summary

Schmooze, an AI-powered meme-based dating platform, has successfully raised $4 million in a Series A funding round led by Elevation Capital, with participation from notable angel investors. Since its launch in India 10 months ago, the app has attracted over 1 million users and recorded 900 million meme swipes, establishing a unique matching system based on shared humor rather than superficial appearances. The founders, Vidya Madhavan and Abhinav Anurag, aim to enhance the platform's AI capabilities and expand user acquisition efforts, including a focus on Tier II & III cities. Schmooze reports a significantly better female-to-male user ratio compared to traditional dating apps, with about 30-35% of its users being female. The platform features innovative tools like an AI dating coach and humor-driven interactions that cater to Gen Z's desire for deeper connections. Schmooze is set to further evolve by incorporating diverse content offerings beyond memes.

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